• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
hotbit

Hotbit Exchange Reportedly Hacked around 8pm UTC Details

September 25, 2023
Loom Coin price prediction

Loom Coin Price Prediction – Forecasts for 2023 – 2030

September 28, 2023
Cream Coin Price Prediction

Cream Coin Price Prediction – Forecasts for 2023 – 2030

September 28, 2023
Is Linea Voyage NFT Worthless

Is Linea Voyage NFT Worthless or Valueable?

September 28, 2023
islamic coin

Islamic Coin – What is the main mission of the Islamic Coin

September 28, 2023
What is Twitterscan and How to Qualify for Twitterscan Airdrop

What is Twitterscan and How to Qualify for Twitterscan Airdrop

September 28, 2023
What is Arkham Intelligence

Arkham Intelligence – How to Use Arkham Intel the Right Way

September 27, 2023
What Are Exchange Traded Funds (ETFs)

What Are Exchange Traded Funds (ETFs)

September 27, 2023
Sidra Bank Coin Price Prediction

Sidra Bank Coin Price Prediction: A Promising Investment Opportunity

September 27, 2023
reveel airdrop

Reveel Airdrop – How to Participate in Reveel Protocol Airdrop

September 27, 2023
Introducing KTX.Finance - a decentralized derivate exchange

Introducing KTX.Finance – A Decentralized Derivatives Exchange

September 27, 2023
Unibot: The Fastest Telegram Uniswap Sniper

Unibot: The Fastest Telegram Uniswap Sniper

September 27, 2023
What is the Howey Test

What is the Howey Test and its implications for Cryptocurrency?

September 27, 2023
ADVERTISEMENT
  • Home
  • Crypto News
  • Price Predictions
  • Reviews
  • NFTs
  • Forex & Finance
  • Airdrop
Thursday, September 28, 2023
  • Login
Bulliscoming
  • Home
  • Crypto News
  • Price Predictions
  • Reviews
  • NFTs
  • Forex & Finance
  • Airdrop
No Result
View All Result
Bulliscoming
No Result
View All Result
ADVERTISEMENT
Home Crypto News

Hotbit Exchange Reportedly Hacked around 8pm UTC Details

by Johnmiracle Ejikeme
September 25, 2023
in Crypto News
5
hotbit
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

Following the recent announcements from Hotbit Exchange, which confirmed that their exchanges have been compromised by hackers, the database is stolen, which means hackers can have access to users’ funds. Here are the details below.

Dear respected users,

RelatedPosts

Is Linea Voyage NFT Worthless or Valueable?

Islamic Coin – What is the main mission of the Islamic Coin

Arkham Intelligence – How to Use Arkham Intel the Right Way

Hotbit just suffered a serious cyber attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some basic services. Meanwhile, the attackers also tried to hack into Hotbit’s wallets (However, the attempt was identified and stopped by our risk control system).

ADVERTISEMENT

In this case, the Hotbit team has shut down all services for inspection and restoration immediately, and the overall recovery period is expected to be no less than 7 days. Please note that all your assets are safe and secure, and you can follow us on Twitter, Facebook, and Telegram for Hotbit’s latest recovery progress. Currently, our work consists of the following two sections:

  • Considering the fact that Hotbit is about to exceed 2 million registered users and has a huge service system architecture of more than 200 servers online, in order to ensure security, the Hotbit team will completely rebuild all servers;
  • The attacker maliciously deleted the user database after failing to obtain assets. Although the database is routinely backed up, we are still uncertain whether the attacker has polluted data or not before the attack. Therefore, we also need to conduct a comprehensive inspection of the overall data. Once an anomaly is detected, we will perform an accurate reconstruction to ensure that all user data is accurate.
  • Therefore, these two sections of work will consume a lot of time. We initially expect that the recovery period will last about 7-14 days. The estimated time of recovery will be more as all things going on, and we will update our latest progress in Hotbit communities as well.

If you have an account on Hotbit, the following are things you should be aware of

  • The attacker has already gained access to the database, so your registration phone number, email address, and asset data might have a leaking risk. However, the password and 2FA key are encrypted so theoretically should be safe. But from the security point of view, if your account and password on another website or app are the same as Hotbit’s, it is safer to change the password now;
  • If you receive an email or private message in the name of Hotbit, you can contact us through official channels (Twitter, Facebook, Telegram) to verify identity before replying; Leveraged ETF products are not suitable for long-term holding and therefore Hotbit will be fully responsible for all losses suffered by the position-holder during the maintenance period.
  • Your Open Orders on Hotbit will be canceled when the system is restored to avoid unintended trading losses. All daily routine income distributions (such as investment products, current products, and FIL cloud computing power ) will be paid out after the maintenance is completed.

We must admit that this is the biggest setback of Hotbit since the establishment on January 2018.

Security issues have always been the pain of the blockchain industry, which has always been one of the major concerns of Hotbit as well. In the future, the Hotbit team will continue to strengthen security departments. Meanwhile, by cooperating with the world’s famous third-party Internet security teams, Hotbit will also conduct a thorough inspection and investigation on the attack issue and thoroughly upgrade the security level of the whole system.

ADVERTISEMENT

Please continue to follow our official media links for other latest information:

  • t.me/bullnetwork
  • t.me/verifiedairdropandsignals
  • t.me/pancakeswapbet
  • t.me/bullnetworkcommunity

ADVERTISEMENT

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: Cryptonews
Share196Tweet123
Johnmiracle Ejikeme

Johnmiracle Ejikeme

Johnmiracle Ejikeme is a 7 Figure digital network marketer, crypto enthusiast, and a trader. A humble fellow that fancy investing and technology.

Related Posts

Is Linea Voyage NFT Worthless

Is Linea Voyage NFT Worthless or Valueable?

by Johnmiracle Ejikeme
September 28, 2023
0

The value of a Linea Voyage NFT depends on a number of factors, including the rarity of the NFT, its...

islamic coin

Islamic Coin – What is the main mission of the Islamic Coin

by Johnmiracle Ejikeme
September 28, 2023
0

The Islamic Coin is designed to deliver a lasting, powerful impact for one of the largest communities in the world....

What is Arkham Intelligence

Arkham Intelligence – How to Use Arkham Intel the Right Way

by Johnmiracle Ejikeme
September 27, 2023
0

Key Takeaway The accuracy of the Arkham Intelligence data and analysis depends on the quality of the public records and...

Unibot: The Fastest Telegram Uniswap Sniper

Unibot: The Fastest Telegram Uniswap Sniper

by Johnmiracle Ejikeme
September 27, 2023
0

Unibot (UNIBOT) is revolutionizing the world of decentralized finance with its lightning-fast Telegram Uniswap sniper. This cutting-edge platform offers users...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Loom Coin price prediction

Loom Coin Price Prediction – Forecasts for 2023 – 2030

September 28, 2023
Cream Coin Price Prediction

Cream Coin Price Prediction – Forecasts for 2023 – 2030

September 28, 2023
Is Linea Voyage NFT Worthless

Is Linea Voyage NFT Worthless or Valueable?

September 28, 2023
Bulliscoming

Copyright © 2023 Bulliscoming.

Navigate Site

  • Home
  • About
  • Contact
  • Sponsor a post
  • Privacy Policy
  • Terms and conditions

Follow Us

No Result
View All Result
  • Home
  • Crypto News
  • Price Predictions
  • Reviews
  • NFTs
  • Forex & Finance
  • Airdrop

Copyright © 2023 Bulliscoming.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: